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20130121
20130129
Search Results 0 to 12 of about 13 (some duplicates have been removed)
steps. the document also addresses the role of the government in revitalizing japan's economy. it describes how politicians should promote growth and restore fiscal health. along with drafting the joint statement, boj officials have agreed to introduce open-ended asset purchasing. under a new program from january 2014 the central bank will purchase a certain amount of financial assets every month. no termination date is being set for the scheme. the new measure will expand the total size of the asset purchase program, or app, by about 10 trillion yen, or $110 billion, in 2014. the program is expected to be maintained in the future. following the meeting prime minister and revital minister reported on the release of the joint statement to prime minister abe at his office. >> translator: the government strongly hopes the bank of japan will a monetary easing policy in order to achieve the goal. >> translator: the bank of japan believes it is important to realize sustainable growth by overcoming deflation at an early stage and achieving price stability. it is vital to strengthen o
already claimed victory. but exit polls suggest he'll be governing with a weaker mandate. the polls indicate that a right-wing bloc led by netanyahu's likud party will remain the largest camp in parliament. but it lost ground to an alliance of center-left parties. >> translator: thank you for giving me the chance to lead israel for the third time. our biggest challenge remains preventing iran from acquiring a nuclear weapon. >> centrist party yesh atid is likely to become the second largest parliamentary force. the center-left labor party is projected to come third. the ultranationalist habayi habayit hayudi looks to secure its number of seats. the party opposes peace talks with palestinians. centrist parties have performed better than expected. some voters may have been worried by the country's tilt to the right. netanyahu is expected to begin negotiations with other parties to form a coalition. but it won't be easy. the gap between the two blocs will be narrow. >>> japanese researchers have refashioned some of the building blocks of the human body. they used cells they can reprogr
interests. >>> the japanese government has revised upward its overall assessment of the country's economy for the first time in eight months. the upgrade was due to an improvement in business sentiment stemming from a weaker yen and also higher stock prices. in the monthly report for january released wednesday the government says signs of bottoming out can be seen in some areas of the country's economic activity. that is an improvement from its previous evaluation which stated the economy was showing weakness. the government upgraded its assessment of consumer spending to steady. that is coming at car sales are picking up. the assessment for industrial output was also revise the upward. the auto sector also contributing to this. >>> let's get a check of the markets now. first taking a look at stocks and we check in first here in asia where we did see a bit of a mixed picture. some corrected moves out there after recent gains. the nikkei average underperformed other asian indices as the recent moderated after the results of the bank of japan's meeting was announced tuesday. honk done down
the government from defaulting on its debt. the bill passed the house on wednesday ter t republican majority changed its stance. republicans said they would not approve the bill unless the government made more cuts to social programs. republicans had public criticism that they were not consider the markets on a financial default. john boehner said to show the american people that it would move to balance the budget. >> they understand you can't continue to spend money that you don't have. we're committed to doing a budget on the house side. a budget that will balance over the next ten years. it's time for the senate and the president to show the american people how they're willing to balance a budget over the next ten years. >> the bill now goes to the senate where it's expected to pass and be approved by the white house. republicans will continue to push the government to review social security spending. the bill urges congress to compile an outline of the 2014 budget by mid-april. more business headlin next heres another checon maets. >>> u.s. secretary of state hillary clinton has suggest
, something they are calling a grave concern for global security. >>> the japanese government has decided to revise the nation's defense guidelines and draft a new framework by the end the year. the decision is a response to recent changes in security issues surrounding japan. >> prime minister shinzo abe plans to review national security policies amid an increasing number of intrusions by chinese ships into japanese waters. the government decided friday to revise the guidelines in 2010 by the previous administration. it intends to focus on boosting japan's capacity to defend its territory on land, sea and air. defense minister met senior officials of his ministry and the self-defense forces. he instructed them to speed up work to compile new guidelines. he underlined recent events that undermine japan's security. they include north korea's missile launch and the hostage crisis in algeria. >> translator: the security situation around japan has become severe. >> a ministry panel headed by senior vice defense minister will compile an interim report on the defense guidelines by the end of ju
just heard from those at the imf yesterday. now we're hearing from the japanese government. officials there project that the country's economy will grow 2.5% in the coming fiscal year. that's due to stimulus measures and a global economic recovery. a large scale economic package will push up the gross domestic product. they forecast a moderate global economic recovery will lift corporate sentiment and boost spending on plant and equipment. the officials expect people will rush toake more purchases including things like houses before a plant consumption tax hike in april 2014. the government has concluded that the economy will expand 5 2.5% in real terms and 2.7% in nominal terms. based on the assumption that prices will pick up modestly the government projects nominal growth will exceed real growth for the first time in 16 years. the dollar is gaining further ground against the yen. earlier it hit a high. now it's changing hands to 39 yen. traders have seen rates drop to a five-year low. that's provided a brighter outlook for the american economy. the consumer price index dropped in
to teaches international relations in kyoto. >> translator: the chinese government hopes that japan will head in the same direction as china and take meaningful steps to restore and improve bilateral ties. >>> some experts on japan-china relations say the chinese leader's comments are too vague. >>> the letter described the two countries as having one of the most important bilateral relationships. he said that he wrote he hopes to promote strategic ties that benefit both sides. he described his talks as an important meeting. he said xi clarified the direction the two countries should take to ensure a prosperous future. >> translator: the chinese government hopes that japan will head in the same direction as china and take meaningful steps to restore and improve bilateral ties. >>> some experts on japan-china relations say the chinese leader's comments are too vague. we spoke to a man who teaches international relations in kyoto. >> it's too ambiguous what they have in mind. if they stop sending ships or aircraft to our territory, probably it should be a good sign. but it doesn't say that spec
short. a south korean government source says north koreans appear to have almost completed preparations for their nuclear test. the source says satellite images show a tunnel at the punghari test side plugged with dirt and concrete likely to prevent a radiation leak. the images reportedly captured what appeared to be detonator cables extending out of the tunnel. a south korean defense ministry spokesperson didn't give us much detail but he said scientists in the north are on standby. >> translator: we believe north korea is ready to conduct a nuclear test whenever the country's leadership decides to go ahead with it. >> the spokesperson says south korean military commanders have been closely monitoring test preparations and other moves in north korea. >>> japan is not exporting as much as it used to. ron madison is here with this story and more in business. >> gene, we saw a widening with the trade deficit here in the country. in fact, officials with the finance ministry say japan's annual trade deficit is the worst in its history. they say imports outweighed exports in 2012 by 6.9 tril
it an unacceptable, cowardly act. the governments of five other countries, including britain, romania and the philippines, have confirmed that their citizens were among the casualties. >>> israelis are preparing to vote in a general election. opinion polls suggest they'll keep prime minister benjamin netanyahu in power. netanyahu called early elections in october after his coalition failed to agree on the annual budget. his likud party and his nationalist coalition party israel betananu have led in the polls. the party opposes peace talks with the palestinians. netanyahu resumed the building of jewish settlements in occupied territories two years ago. the construction breaches international law and contributed to a breakdown in the peace process. >>> the prime minister has devoted quite a bit of time urging the bank of japan to do something. what's he hoping for? >> the prime minister has been very adamant about getting japan out of deflation. he doesn't feel his administration can do that task alone. that's why he's asking for simultaneously monetary action. the policy makers are abo
Search Results 0 to 12 of about 13 (some duplicates have been removed)